FY2026 EPS Estimates for Altius Minerals Raised by Analyst

Altius Minerals Co. (TSE:ALS) – Analysts at Scotiabank boosted their FY2026 EPS estimates for shares of Altius Minerals in a research note issued to investors on Tuesday, July 7th. Scotiabank analyst O. Wowkodaw now expects that the company will post earnings of $0.91 per share for the year, up from their prior forecast of $0.89. Scotiabank has a “Sector Perform” rating and a $58.00 price objective on the stock. The consensus estimate for Altius Minerals’ current full-year earnings is $0.35 per share. Scotiabank also issued estimates for Altius Minerals’ FY2027 earnings at $1.35 EPS.

Altius Minerals (TSE:ALS) last posted its quarterly earnings data on Tuesday, May 12th. The company reported C$0.11 earnings per share for the quarter. The business had revenue of C$22.17 million during the quarter. Altius Minerals had a return on equity of 32.43% and a net margin of 543.91%.

ALS has been the topic of several other research reports. National Bank Financial raised their price objective on shares of Altius Minerals from C$57.50 to C$62.50 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Raymond James Financial increased their price target on shares of Altius Minerals from C$52.00 to C$59.00 in a report on Thursday, May 14th. BMO Capital Markets raised their price target on shares of Altius Minerals from C$44.00 to C$49.00 and gave the stock a “market perform” rating in a research report on Wednesday, May 13th. Canaccord Genuity Group boosted their price objective on shares of Altius Minerals from C$51.00 to C$60.00 in a report on Tuesday, May 12th. Finally, TD cut shares of Altius Minerals from a “buy” rating to a “hold” rating and increased their target price for the company from C$52.00 to C$54.00 in a research note on Friday, April 10th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Altius Minerals currently has a consensus rating of “Hold” and a consensus price target of C$56.36.

Altius Minerals Stock Performance

Shares of TSE ALS opened at C$61.31 on Wednesday. Altius Minerals has a 12 month low of C$26.83 and a 12 month high of C$65.92. The company has a market cap of C$3.42 billion, a P/E ratio of 9.79 and a beta of 0.40. The business’s 50 day moving average is C$56.78 and its two-hundred day moving average is C$49.65. The company has a quick ratio of 6.49, a current ratio of 9.96 and a debt-to-equity ratio of 6.56.

Insider Activity

In other Altius Minerals news, insider Stephanie Hussey acquired 1,700 shares of Altius Minerals stock in a transaction dated Wednesday, May 20th. The stock was bought at an average cost of C$50.96 per share, with a total value of C$86,632.00. Following the acquisition, the insider owned 18,521 shares of the company’s stock, valued at approximately C$943,830.16. The trade was a 10.11% increase in their ownership of the stock. Corporate insiders own 19.00% of the company’s stock.

About Altius Minerals

Altius’s strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with global growth trends including increasing electricity-based market share within energy usage, global infrastructure build and refurbishment growth, increased EAF based steelmaking, steadily increasing agricultural fertilizer requirements and the enhanced appetite for financial asset diversification through precious metals ownership.